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Information sought by whistle-blowers, since killed, to be made public by Vidya Subrahmaniam

All pending information sought by a Right to Information (RTI) activist, who has subsequently been murdered, will henceforth be placed in the public domain. This decision was taken by the Central Information Commission (CIC), which has been under pressure to do its bit to stem the mounting casualties of RTI activists and applicants. The nature of information sought, the CIC believes, will reveal the motive for the murder. In a resolution...

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Mining sector needs large-scale reform

-The Economic Times   India's new Mining Bill has provisions which seek, rightly, to shovel money from Mining companies to rural people affected by Mining, but the devil could lie in the detail. The proposal has three defects. One, it seeks differential treatment for coal and other minerals - coal miners would share 26% of their profits, while miners of other minerals would give additional royalty payments. Pray, why? Two, it exempts...

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Share in profits for tribal areas in new Mining bill by Sujay Mehdudia

For non-coal firms, amount will be equivalent to their royalty The Union Cabinet on Friday approved the landmark Mines and Mineral Development and Regulation (MMDR) Bill, 2011 that provides for Mining companies to keep aside 26 per cent of their net profits for a Mineral Development Fund to be used for the development and rehabilitation of project-affected people in tribal areas. For the non-coal companies, the amount will be equivalent to...

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Mining companies to take a hit of Rs 15,000 cr

-The Business Standard   Mining companies have warned of a price spiral in commodities once the new Mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty sharing impacting it by an estimated Rs 15,000 crore every year. This would include a Rs 12,200-crore hit on non-coal Mining companies and Rs 2,800 crore on coal miners. “The provisions of this Bill will affect the industry badly,”...

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Industry chambers, Mining bodies oppose new Bill

-The Hindu   ‘The mechanism for compensating the affected people is not clearly defined and has many limitations' Industry chambers led by Confederation of Indian Industry (CII) and FICCI on Friday sought a review of the Mines and Minerals (Development and Regulation) Bill, 2011 approved by the Union Cabinet stating that the industry was concerned on royalty, profit sharing and the methodology of providing assistance to project-affected persons. In a statement here, Rana Som,...

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